Redomicile definition
Examples of Redomicile in a sentence
Immediately prior to the Redomicile Effective Time, Acquiror shall cause the then issued and outstanding Acquiror Class B Share to convert automatically, on a one-for-one basis, into one (1) share of Acquiror Class A Share following which all Acquiror Class B Shares shall cease to be outstanding and shall automatically be canceled and retired and shall cease to exist (the “Recapitalization”).
From the date hereof through the Closing, Acquiror shall use best efforts to ensure Acquiror remains listed as a public company on, and shall use best efforts to cause, prior to the consummation of the Redomicile, the Acquiror Class A Shares and, following the consummation of the Redomicile, the Acquiror Common Stock to be listed on, NASDAQ.
Acquiror shall effect the Redomicile in such a way that Acquiror’s representations and warranties set forth in Article V remain true and correct.
Acquiror shall take all actions necessary so that, at the Redomicile Effective Time, the bylaws of Acquiror shall be substantially in the form of the Acquiror Bylaws.
In connection with the Redomicile, Acquiror shall adopt the Acquiror Charter and Acquiror Bylaws.
Prior to the consummation of the Transactions, and subject to the Supermajority Acquiror Stockholder Approval, Acquiror shall take all steps necessary to effect the Redomicile on the day prior to the Closing Date.
The Redomicile shall become effective at the time when the Articles of Domestication and the Acquiror Charter have been duly filed with the Secretary of State of the State of Nevada (the “Redomicile Effective Time”).